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Probable Tax Increase Somewhere

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Probable Tax Increase Somewhere

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Old 28th Aug 2013, 10:43
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Probable Tax Increase Somewhere

I don't think this has been posted anywhere but it passed by my desk last week from the BBGA

With the transfer of security responsibilities from the DfT to the CAA, the CAA are proposing to charge industry using an one of the following mechanisms. The following link takes you to the document in question and you have until mid-September to make a submission.

http://www.caa.co.uk/docs/2639/CAA%2...0Security).pdf

Quite how it will affect GA is probably in the detail as they are not specifically mentioned, I'm not yet sure but suspect it will impact at some point with extra charges. Don't forget the CAA have to make 6% ROCE (Return on Capital Expenditure/Employed?) with their charges levied on industry.

Mike Echo
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